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Accounting

Account Debit Credit

Record as Journal Entries

1.XYZ company sold $1,200,000 bonds at%100 for 6%, 4years

2.XYZ company sold $750,000,9%,5 year bonds at 97

3.XYZ company sold $2,000,000,3%,9year bonds at103

4.XYZ company paid interest to bondholders for the $750,000 bonds.

5.XYZ company paid interest to bondholders for the $2,000,000 bonds

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